Insurance

Insurance

Independent management consultants specializing in insurance industry

Umbrex is the fastest, most reliable way to find the right independent management consultant for a project in the insurance industry. Over 90% of our insurance practice consultants are alums of McKinsey, Bain, or BCG. The majority also have experience in roles in the insurance industry.

Examples of how we help insurance clients

Established a new European pension and employee benefits digital platform for a global insurance leader.

Developed the five-year strategic plan for the commercial unit of a UK insurance company.

Led divestiture of a $650M property and casualty insurance business from parent company.

Established a PMO for the Global Risk Aggregation program of a multinational insurance company.

Oversaw transformation of a Medicare Advantage plan. After 2.5 years, margins improved by $1,500 per member per year.

For a top five mutual life insurance company in the US, designed the organizational structure for a new HR shared service center.

Created a developmental program on collaborative leadership for 300 high potential leaders at a health insurance company.

Led a turnaround of an unprofitable $7M insurance company business unit by developing innovative worker’s compensation and disability products. New products led to increased revenue of $30M and profitability within 18 months.

For an annuity business unit, secured new distributor relationships with higher profit margins. Attained $250M in incremental sales in the first quarter

Insurance industry experience at top firms such as:

Chief Information Officer - Global Corporate Center

COO of the Fireman's Fund Insurance Company

Change & Transformation Consultant

Vice President Strategy

Vice President

Director of Strategy & Planning

Vice President

Head of Strategic Planning - International

Senior Vice President, P&C Transformation

Senior Vice President and Group Treasurer

What clients say

Insights on the insurance industry from our podcast:

Insights on the insurance industry from our members:

Useful resources on the insurance industry recommended by our members

  • National Association of Corporate Directors
  • Society for Corporate Governance
  • International Corporate Governance Network
  • Business Roundtable
  • The Handbook of Board Governance: A Comprehensive Guide for Public, Private, and Not-for-Profit Board Members 2nd Edition
  • A Carver Policy Governance Guide, The Policy Governance Model and the Role of the Board Member 2nd Edition
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How to get started

1

Tell us about your project

2

Interview candidates

(We’ll provide bios within 48 hours on average)

3

Select your consultant and start work

Find an insurance industry consultant

or email us at: inquiry@umbrex.com